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AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Mar 11, 2021 when AUD/JPY traded near 84.52.

AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Mar 11, 2021 when AUD/JPY traded near 84.52.

Research, Research Team
AUD/JPY Client Positioning

Number of traders net-short has decreased by 12.79% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

AUD/JPY

BEARISH

50.44%

49.56%

18.65% Daily

27.22% Weekly

-10.71% Daily

-12.79% Weekly

2.02% Daily

3.65% Weekly

AUD/JPY: Retail trader data shows 50.44% of traders are net-long with the ratio of traders long to short at 1.02 to 1. In fact, traders have remained net-long since Mar 11 when AUD/JPY traded near 84.52, price has moved 1.46% lower since then. The number of traders net-long is 18.65% higher than yesterday and 27.22% higher from last week, while the number of traders net-short is 10.71% lower than yesterday and 12.79% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests AUD/JPY prices may continue to fall.

Our data shows traders are now net-long AUD/JPY for the first time since Mar 11, 2021 when AUD/JPY traded near 84.52. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias.

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